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Mortgage rates surge to 6.85%, highest since Jul.
Mortgage rates surge to 6.85%, highest since July
Despite an interest rate cut in early December, mortgage rates continue to rise. The average rate for a 30-year mortgage just increased to 6.85%, the highest since July.
30-Year Mortgage Rates Hold at Highest Level Since July
After surging to a five-month high before the holiday, 30-year mortgages held steady Thursday. Rate movement was mixed across other loan types.
Mortgage rates end 2024 on a high note – unfortunately for the housing market
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The popular loan product averaged 6.72% throughout the year, compared to 6.81% throughout 2023, even as the Federal Reserve cut its benchmark interest rate three times in 2024.
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Today's Mortgage Rates | Rates May Not Drop As Much As Expected Next Year
These are today's mortgage and refinance rates. Mortgage rates remain elevated and they may not drop as much as expected next ...
1d
Mortgage interest rates expected to lower in 2025: Real estate expert | Morning in America
Michael Romer, a managing partner at Romer Debbas, LLP, says mortgage interest rates are expected to stabilize around 6% in ...
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The Fed is lowering interest rates. So why are mortgage rates going up?
The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, ...
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Mortgage rates poised to plummet following latest Fed decision
The final Fed rate cut of 2024 is here. Here’s everything you need to know about how the latest reduction will impact ...
5d
on MSN
Today's Mortgage Rates | Fed Meeting Brings Uncertainty Around Where Rates Will Go Next Year
These are today's mortgage and refinance rates. Mortgage rates might not drop as much next year if the Fed only lowers rates ...
10h
on MSN
4 types of borrowers that should refinance their mortgage loans now, experts say
While rates have been cooling, today's high-rate environment has made it challenging for homeowners to refinance their ...
1d
on MSN
Mortgage Rates Are Ending the Year Higher. Why That’s Not All Bad News for Home Buyers.
Mortgage rates are ending 2024 higher than they began. It’s not all bad news for home buyers next year.Freddie Mac’s final ...
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